Oil & Gas Property in Shelby County, TX
Key data points for Reed Unit
| County | Shelby County, TX |
|---|---|
| Operator | SHERIDAN PRODUCTION CO III, LLC |
| Production Dates | Apr 2002 - Oct 2025 |
| Total Oil Production | 24,440 BBLs |
| Total Gas Production | 1,577,816 MCF |
| Recent Oil Production | 170 BBLs in Sep 2025 |
| Recent Gas Production | 2,489 MCF in Sep 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Reed Unit
ShaleAssessment™
$6,021 *
MarketMultiple™
$31,164 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Reed Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Adams | Shelby County, TX | 11 BBLs | 4,372 MCF | Oct 2025 |
| Arco | Shelby County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| BP Ethridge 971 | Shelby County, TX | 0 BBLs | 821 MCF | Sep 2025 |
| BP Georgetown 885 | Shelby County, TX | 0 BBLs | 2,305 MCF | Sep 2025 |
| Carlton Gas Unit | Shelby County, TX | 0 BBLs | 15 MCF | Oct 2025 |
| Case | Shelby County, TX | 0 BBLs | 2,313 MCF | Oct 2025 |
| Crawford | Shelby County, TX | 6 BBLs | 1,854 MCF | Oct 2025 |
| Franks Estate | Shelby County, TX | 13 BBLs | 7,640 MCF | Oct 2025 |
| Franks Lawrence T | Shelby County, TX | 0 BBLs | 2,233 MCF | Oct 2025 |
| Griffin | Shelby County, TX | 454 BBLs | 9,010 MCF | Oct 2025 |
| Hancock | Shelby County, TX | 0 BBLs | 0 MCF | Jul 2020 |
| Howard A | Shelby County, TX | 12 BBLs | 801 MCF | Oct 2025 |
| Jones | Shelby County, TX | 67 BBLs | 8,201 MCF | Oct 2025 |
| Oliver Unit | Shelby County, TX | 48 BBLs | 13,527 MCF | Oct 2025 |
| Pate | Shelby County, TX | 0 BBLs | 3,147 MCF | Oct 2025 |
| Polley | Shelby County, TX | 0 BBLs | 228 MCF | Oct 2025 |
| Ramsey Unit | Shelby County, TX | 4 BBLs | 4,886 MCF | Oct 2025 |
| Samford | Shelby County, TX | 1 BBLs | 1,855 MCF | Oct 2025 |
| Sickel 1 | Shelby County, TX | 0 BBLs | 0 MCF | Dec 2017 |
| Thomas Gas Unit | Shelby County, TX | 0 BBLs | 703 MCF | Oct 2025 |
These are the closest 20 companies operating near the Reed Unit property.